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Interview Tip
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KIPCO executes KWD80m loan agreement with National Bank of Kuwait(29 Oct 2009 06:08:00 EDT)Kuwait Projects Company said on Thursday that it has signed a loan agreement with the National Bank of Kuwait for KWD80m. Under the five-year agreement NBK will provide KIPCO with KWD80m to finance company projects. Â. The loan matures in July 2014. KIPCO reportedly holds almost USD1bn in cash with the bulk of its liabilities maturing in the next five and seven years. Â. ()
